There is much diplomacy evident in this group.
We will succeed where others have failed to reconcile their differences.
Such a lovely statement.
Over the past 24 hours 110000DTC was sold on FreiExchange for about $600. So getting a large stake in Datacoin is quite easy at the moment. And cheap, in any currency.
If you want to mine DTC, 2xGTX1080 graphics cards should give you about 1000DTC per day. This is not too difficult to achieve.
I am sorry about the Bter/Gate.io wallet - it distorts the debate a little. But that is an exchange - they all have large wallets.
I remember very clearly when last we had a similar discussion. Shawn Wilkinson from Storj wanted us to sell him 600000DTC. We didn't have that kind of money, so he went on to launch Storj on his own coin.
Nothing wrong with that - he took in $30 million and eventually ended up as an ICO on Ethereum. People should do what makes them feel most comfortable.
But Datacoin is so cheap now, and the mining so easy, that I think people should pause a little and accumulate the amount of coins they feel comfortable with.
It may be easier than you think.
-extro
Someone had dumped large bag, but it's hard to get in DTC and get out. That's not the point. Point made by Verionum is imo, that coin was mined for several years, with huge rewards, but only "revived" a few months ago, where diff increased from 6.88 to 9.9, and rewards drop more than 10x. Not only those few miners have took most of rewards, but they have taken a very big rewards like 5000-10000DTC per day, which is lol. It isn't really good or fair, that PoW chain has ladder like rewards, it's like pyramid, where "leaders" take the most of it. It's bad. And it shouldn't be like that.
To change it, it would require hard fork, which most of the network wouldn't accept, because it would be against their consensus rules, and thus it needs to be created a new chain for more egalitarian distribution of it.
I can only say that I think that anybody could mine Datacoin thru those years like those who did.
Some people had faith in this project whole time and supported it, while some of you joined few weeks ago.
Do you think that even paying for server to run pool 4 YEARS for those who want to mine was just for fun?
Sorry, nope.